About Public Service Enterprise Group (NYSE:PEG)

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid- Atlantic United States. It operates through two segments, PSE&G and Power. The PSE&G segment transmits electricity; and distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs to customers. As of December 31, 2017, it had electric transmission and distribution system of 24,000 circuit miles and 853,000 poles; and 18,000 miles of gas mains, 12 gas distribution headquarters, 2 sub-headquarters, and 1 meter shop. This segment also owns and operates 50 switching stations with an aggregate installed capacity of 36,023 megavolt-amperes (MVA), as well as 244 substations with an aggregate installed capacity of 8,250 MVA; and 4 electric distribution headquarters and 5 sub-headquarters, as well as 58 natural gas metering and regulating stations. The Power segment operates nuclear, coal, gas, oil-fired, solar, and renewable generation facilities. As of December 31, 2017, it had an installed fossil and nuclear generating capacity of approximately 10,562 megawatts. Public Service Enterprise Group Incorporated was founded in 1985 and is headquartered in Newark, New Jersey.

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Miscellaneous

Public Service Enterprise Group (NYSE:PEG) Frequently Asked Questions

What is Public Service Enterprise Group's stock symbol?

Public Service Enterprise Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PEG."

How often does Public Service Enterprise Group pay dividends? What is the dividend yield for Public Service Enterprise Group?

Public Service Enterprise Group announced a quarterly dividend on Tuesday, April 17th. Investors of record on Friday, June 8th will be paid a dividend of $0.45 per share on Friday, June 29th. This represents a $1.80 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend is Thursday, June 7th. View Public Service Enterprise Group's Dividend History.

How were Public Service Enterprise Group's earnings last quarter?

Public Service Enterprise Group (NYSE:PEG) released its quarterly earnings data on Monday, April, 30th. The utilities provider reported $0.97 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.99 by $0.02. The utilities provider had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.74 billion. Public Service Enterprise Group had a return on equity of 11.22% and a net margin of 21.68%. During the same period in the prior year, the company earned $0.92 EPS. View Public Service Enterprise Group's Earnings History.

When is Public Service Enterprise Group's next earnings date?

What guidance has Public Service Enterprise Group issued on next quarter's earnings?

Public Service Enterprise Group updated its FY18 earnings guidance on Monday, April, 30th. The company provided earnings per share (EPS) guidance of $3.00-3.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.12.

What price target have analysts set for PEG?

16 analysts have issued 12 month price objectives for Public Service Enterprise Group's shares. Their forecasts range from $46.50 to $56.00. On average, they anticipate Public Service Enterprise Group's stock price to reach $51.8846 in the next year. View Analyst Ratings for Public Service Enterprise Group.

Who are Public Service Enterprise Group's key executives?

Public Service Enterprise Group's management team includes the folowing people:

Mr. Ralph Izzo, Chairman, Pres & CEO (Age 60)

Mr. Daniel J. Cregg, Exec. VP & CFO (Age 54)

Ms. Tamara Louise Linde, Exec. VP & Gen. Counsel (Age 53)

Mr. Derek M. DiRisio, Pres of PSEG Services Corp. (Age 54)

Mr. Ralph A. LaRossa, Pres & COO of PSEG Power (Age 55)

Has Public Service Enterprise Group been receiving favorable news coverage?

News coverage about PEG stock has been trending somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Public Service Enterprise Group earned a news sentiment score of 0.04 on Accern's scale. They also gave news coverage about the utilities provider an impact score of 45.89 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Which major investors are selling Public Service Enterprise Group stock?

PEG stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Hsbc Holdings PLC, Systematic Financial Management LP, Lord Abbett & CO. LLC, LSV Asset Management, Swiss National Bank, Verition Fund Management LLC and California Public Employees Retirement System. Company insiders that have sold Public Service Enterprise Group company stock in the last year include Derek M Dirisio, Ralph A Larossa, Ralph Izzo and Tamara Louise Linde. View Insider Buying and Selling for Public Service Enterprise Group.

Which major investors are buying Public Service Enterprise Group stock?

How do I buy shares of Public Service Enterprise Group?

Shares of PEG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Public Service Enterprise Group's stock price today?

One share of PEG stock can currently be purchased for approximately $51.73.

How big of a company is Public Service Enterprise Group?

Public Service Enterprise Group has a market capitalization of $25.53 billion and generates $9.08 billion in revenue each year. The utilities provider earns $1.57 billion in net income (profit) each year or $2.93 on an earnings per share basis. Public Service Enterprise Group employs 12,945 workers across the globe.

How can I contact Public Service Enterprise Group?

Public Service Enterprise Group's mailing address is 80 PARK PLAZA, NEWARK NJ, 07102. The utilities provider can be reached via phone at 973-430-7000.

MarketBeat Community Rating for Public Service Enterprise Group (PEG)

MarketBeat's community ratings are surveys of what our community members think about Public Service Enterprise Group and other stocks. Vote "Outperform" if you believe PEG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PEG will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Public Service Enterprise Group (NYSE:PEG) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

16 Wall Street analysts have issued ratings and price targets for Public Service Enterprise Group in the last 12 months. Their average twelve-month price target is $51.8846, suggesting that the stock has a possible upside of 0.32%. The high price target for PEG is $56.00 and the low price target for PEG is $46.50. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus rating of "Buy."

Dividends

Public Service Enterprise Group (NYSE:PEG) Dividend Information

Public Service Enterprise Group pays an annual dividend of $1.80 per share, with a dividend yield of 3.48%. PEG's next quarterly dividend payment will be made on Friday, June 29. The company has grown its dividend for the last 6 consecutive years and is increasing its dividend by an average of 5.10% each year. Public Service Enterprise Group pays out 61.43% of its earnings out as a dividend.